Energy in the 21st Century NEWS SERVICE

G20 public finance for fossil fuels 'is four times more than renewables'

E21NS  E21NS  E21NS  E21NS  E21NS July 5, 2017 The Guardian | G20 | fossil fuels: funding

E21NS

Despite the need to keep global temperatures rising less than 1.5°C and ambitious claims to tackle climate change, G20 governments are still funding the fossil-fuel industry almost 4 times more than clean energy according to a 2017 report Talk is Cheap. G7 countries were also planning to end fossil fuel subsidies by 2025 but the US backed out.

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